The Big Picture

JUNE 27, 2023

And I was very fortunate to get a job at the Federal Reserve Bank of New York. BORISH: So one of the geniuses of Paul in really understanding futures markets in general is that most of the innovative risk management approaches came out of the futures markets because of the using margin. RITHOLTZ: Doing what? RITHOLTZ: Sure.

Math 147

Math Risk Management Marketing Marketing 147

The Big Picture

JULY 4, 2023

Their mainstay financial services practice, which was banking and equities, fell off a cliff. And we’ve talked about whether we go deeper on existing strategies, we build new businesses, we find somebody who can help him more as almost a co-CIO with risk management, with the investment process. Banking getting much better.

Management 147

Management Recruitment Numbers Banking 147

The Big Picture

MARCH 27, 2023

I wanted to see the world, and whether it was investment banking, or basket weaving really had absolutely no bearing on my decision. What about what happened with a lot of banks during the financial crisis? I wanted a job that would take me away from Paris. MIELLE: Lots of cursing. MIELLE: — interviewed. RITHOLTZ: Yeah.

Assets 285

Assets Investing Investments Management 285

The Big Picture

AUGUST 29, 2023

DAVIS: A big part of it is really around when there’s more complicated corporate actions that are happening that entail a level of risk. There’s conversations that happen with our risk management department to make sure we’re comfortable in terms of what kind of exposure that creates in the fund. RITHOLTZ: Yes.

Portfolio 130

Portfolio Investing Investments Numbers 130

The Big Picture

OCTOBER 17, 2023

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. Those have compounded over the centuries and have managed to amass a huge amount of, of capital. Risk management. That’s a long time.

Investing 130

Investing Investments Clients Numbers 130

The Big Picture

MAY 6, 2025

Sander Gerber : Well, actually I was good at math. And risk is not about not losing money. Risk management is not about not losing money. Risk management is about unexpectedly losing money. But risk management is always about understanding what could go wrong and quantifying what could go wrong.

Risk Management 147

Risk Management Banking Portfolio Distribution 147

The Big Picture

MARCH 12, 2024

And we said, let’s just take a little detour here and make sure we understand the credit risk of these things before we sort of travel, start making markets and banking and, and, and really making these a core part of our business. There’s 00:14:11 [Speaker Changed] No money in that bank.

Banking 147

Banking Marketing Marketing Investing 147

The Big Picture

AUGUST 23, 2022

So, I did the math, 20 million times a hundred. This guy just hired me, the management of this trawler fleet to advise them on whether the management should exercise their legitimate right under the privatization program of Russia to buy 51 percent. So, let me just repeat the math. How many do you have in your fleet?

Government 321

Government Banking Numbers Investing 321

The Big Picture

OCTOBER 3, 2023

It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. How fundamental was that to your learning about investing, trading risk management, starting with futures? You’re doing a lot of math in your head on the Fly. They run outta liquidity.

Taxes 280

Taxes Banking Clients Management 280